what is GDP? how is it calculated

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what is GDP? how is it calculated..

Answer / govind

GDP-Gross Domistic product.
There methods are there for calculation GDP.

India is following Exp base calculation.

Formula is as follows:

Y = C + I + G + (X-M)

Y – Income (or GDP)
C- Consumption (or Private Final Consumption Expenditure).
I- Investment (or Gross Final Consumption Exp)
X- Exports
M- Imports

Is This Answer Correct ?    27 Yes 2 No

what is GDP? how is it calculated..

Answer / uday

GDP = private consumption + gross investment +
government spending + (exports − imports), or

GDP = C + Inv + G + \left ( eX - iM \right )

Is This Answer Correct ?    11 Yes 0 No

what is GDP? how is it calculated..

Answer / gowrimaheshwari

y = G + I + G + (X-M)

Y= income
C= Cumpction
I= Investment
X= Exports
M= Imports

Is This Answer Correct ?    6 Yes 2 No

what is GDP? how is it calculated..

Answer / jagadeesh

y=c+i+g+(x-m)

where

c=consumption
I=investment
G=govt spending
x=exports
m=imports

Is This Answer Correct ?    3 Yes 1 No

what is GDP? how is it calculated..

Answer / fhihk

y=c+i+g+(x-m)

here

c=consumption
I=investment
G=govt spending
x=exports
m=imports

Is This Answer Correct ?    3 Yes 1 No

what is GDP? how is it calculated..

Answer / santosh

gross domestic product

Is This Answer Correct ?    1 Yes 1 No

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